Toast to Bitcoin's Halving Day with Exclusive Wine Deals!
Bitcoin halving is an event that occurs approximately every four years in the Bitcoin network. During a halving, the reward that Bitcoin miners receive for validating transactions and creating new blocks is cut in half.
The purpose of the halving is to control the supply of Bitcoin and ensure that new Bitcoins are issued at a predictable rate. By reducing the rate at which new Bitcoins are created, the halving helps to maintain scarcity.
Today the production of bitcoin will undergo another halving. This event will reduce the potential rewards for verifying transactions from 6.25 to 3.125 bitcoins.
In recognition of this reduction to 3.125, this weekend only, we are offering a 31.25% discount on our entire store.